17 August 2017
Bo Harald

Good for society at large

Bo Harald - ZEF, Transmeri, Real Time Economy Program

346Posts 1,288,938Views 253Comments
Finextra community

Transaction Banking

A community for discussing technology trends, views and perspective in global transaction banking

54 Billion reasons in Germany

31 July 2009  |  5504 views  |  0

From Deutsche Bank report:

“the bulk of the companies [SMEs in Germany] squander the sizeable efficiency

gains that come with the introduction of digital invoices. According to

estimates by researchers at the University of Hannover, the German

economy offers total cost-savings potential of around EUR 54 bn,

mainly in more efficient processes, i.e. in the immediate further processing

of invoice data in company bookkeeping and controlling

systems. Why don’t more companies make use of digital invoicing?"

How about some action? The situation is the same in all countries. And only banks can deliver a cost efficient and generic networked solution for SMEs. Saving 54 billions a year should provide for a decent business case.


Comments: (0)

Comment on this story (membership required)

Latest posts from Bo

e-banking 3.0

10 July 2017  |  4158 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupDigital Banking Trends

Demise of cash

05 July 2017  |  7550 views  |  0 comments | recomends Recommends 0 TagsCardsInnovationGroupDigital Banking Trends

Bank e-id service rules the waves

04 July 2017  |  5412 views  |  0 comments | recomends Recommends 0 TagsRetail bankingInnovationGroupDigital Banking Trends

Real Time Economy for EU - How?

20 March 2017  |  4321 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupFintech innovation and startups

Real Time Economy for EU - What?

19 March 2017  |  4085 views  |  0 comments | recomends Recommends 0

Bo's profile

job title Chairman/Founding member
location Helsinki Region
member since 2008
Summary profile See full profile »
Independent advisor and board professional

Bo's expertise

Member since 2008
338 posts253 comments

Who's commenting on Bo's posts

Dean Procter